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Financial Advisory Team Leaves Morgan Stanley Smith Barney To Join National Network, Stratos Wealth Partners

 Financial Advisory Team Leaves Morgan Stanley Smith Barney To Join National
                       Network, Stratos Wealth Partners

Adds to Growing Trend of Financial Advisors Leaving Wall Street Firms

PR Newswire

OGDEN, Utah, June 12, 2012

OGDEN, Utah, June 12, 2012 /PRNewswire/ -- Stratos Wealth Partners announced
today the addition of two former Morgan Stanley Smith Barney (NYSE: MS)
advisors, Craig P. Adams, CFP and Steve Beierlein to their newly created Utah
office. This addition boosts the network of Stratos Wealth Partners to over
125 affiliated advisors managing over $4 billion in client assets under
management. The new Ogden office will maintain approximately $250 million in
client assets through the transition to an independent business model,
enhancing the service experience for their clients in the Intermountain West.

The team has over 70 years of combined experience in the financial services
industry and is confident in the positive outcomes that will arise from this
move.

"As the investment world changes, it's important for us to broaden our
abilities to better serve the financial needs of clients who place their trust
in us. An independent client-centered business model allows us to act as our
clients advocate first and foremost," said Craig P. Adams, CFP®, Partner and
Wealth Advisor. "We look forward to working with clients and customizing
portfolios to fit their needs."

Steve Beierlein, Partner and Branch Manager, is equally excited about helping
clients in this new business venture. "Being backed by the nation's leading
independent broker-dealer in LPL Financial allows us to focus on our number
one priority, the concerns of our clients, without bias or conflict."

Adams and Beierlein maintain a direct partnership with Stratos Wealth
Partners, a national network of experienced financial services practitioners
affiliated with LPL Financial (Nasdaq: LPLA), the nation's largest independent
broker-dealer (as reported by Financial Planning Magazine 1996-2011, in terms
of revenue). This affiliation combined with the experience of the team is one
that will prove Stratos Wealth Partners as a significant wealth management
team in the Intermountain West region.

Bill Morrissey, Executive Vice President of Business Development at LPL
Financial, said, "We are delighted that Craig P. Adams and Steve Beierlein
have chosen to join forces with Stratos Wealth Partners, one of our leading
independent branches. This transition reflects both the flexibility and choice
we provide to independent advisors that want to affiliate directly or
indirectly with LPL Financial, as well as our continued success in attracting
advisory practices from all channels to our platform. We look forward to
utilizing our industry-leading resources, scale and services to help drive the
ongoing growth of Stratos Wealth Partners."

About Stratos Wealth Partners

Stratos Wealth Partners is an independent wealth management firm offering
financial planning services to clients throughout the United States. The
Ogden, Utah location was created based on a distinct vision of managing
clients' needs with a high degree of care not found with Wall Street firms and
specializes in working one on one with clients to achieve their individual
goals. The goal of the firm's founders is to build the net worth of their
clients and transform client portfolios to generate significant spendable
income. Through a relationship with their registered investment advisor, a
national network of 125 experienced financial services practitioners
affiliated with LPL Financial, Stratos Wealth Partners provides their clients
with extensive tools and research relevant to today's markets. Stratos Wealth
Partners manages $4 billion in client assets nationwide. For more information,
please visit www.stratoswealthpartners.com.

Securities offered through LPL Financial, Member FINRA/SIPC. Investment Advice
offered through Stratos Wealth Partners, a Registered Investment Advisor and
separate entity from LPL Financial.

SOURCE Stratos Wealth Partners; LPL Financial
 
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